News
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According to data released by the Dubai Land Department, 2,401 real estate transactions worth 6.7 billion dirhams were completed in the week ending September 23, 2022. A total of 243 plots were sold for 1.29 billion dirhams, while 3.51 billion dirhams were spent on 1,659 apartments and villas. The top three deals included the sale...
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A five-bedroom townhouse with an area of 4,558 square meters was sold for 35.5 million dirhams, making it the most expensive one sold in Dubai. The property in the Villa Amalfi complex is located in Jumeirah Bay. It offers direct access to the beach and a full view of the sea and sunset from the roof. The houses in the complex offer views...
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The transfer procedure for homeowners who bought villas during Phase I began in Sharjah Sustainable City, a fully gated residential complex. This news coincides with the launch of Phase III of the Sharjah Sustainable City project, while Phase I has already been completely sold out, and phase II is rapidly approaching full sales. The...
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Welcome Residency is a great option for people who are looking for a home that combines luxury and comfort with an affordable price. It consists of two- and three-bedroom apartments with luxurious finishes and amenities (swimming pool, panoramic gym, spacious/cozy lobby, four elevators connecting all floors), as well as spacious balconies with...
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In the categories of apartments and villas in the Dubai real estate market, there was an increase in both sales volume and cost. According to reports, 6,050 apartments with a total value of 11.7 billion dirhams were sold in Dubai in August of this year. According to Zoom Property Insights, these figures show an increase of about 37% in...
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Urban Tech District in Al Jaddaf will create 4,000 jobs in the field of green urban technologies, education and vocational training. It will also be the location of venture capital that will stimulate entrepreneurs and support a distinctly collaborative urban technology environment. The cities of the future will be built on the basis of...
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It was announced about the sale of all houses in the Burton complex, a residential building with 245 apartments in Dubai's Al Furjan district. 85% of the finished objects of the project were sold to 49 different nationalities. 190 studio apartments, 41 one- and two-bedroom apartments and 16 luxury penthouses make up 245 units in the Berton...
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Rental rates in Dubai continue to show almost record growth and may begin to decline after an increase in supply in the near future, real estate market experts predict. According to CBRE, the average rent in Dubai increased year-on-year to 24.8% in August 2022, compared with 23.7% a month earlier. As of August 2022, the average annual rent...
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Dubai's real estate market continued to gain momentum, as in August it attracted a record investment of 24.3 billion dirhams through 9,720 purchase and sale transactions, despite global unfavorable conditions. According to the latest data, this is the most productive month in terms of the volume and value of purchase and sale transactions over the...
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In August, 2,409 purchase and sale transactions worth 2 billion dirhams were registered in Sharjah real estate sector, as investors continued to invest in the emirate's real estate market. The latest data published by Sharjah Real Estate Registration Department (CARD) showed that 747 purchase and sale transactions account for 31% of the...
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